Word: medicaid
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...this week is any indication, Senators will fight to protect the programs favored by the middle class voters they need in order to return to office. If it's spending the President wants to cut, it will have to be in defense or even more sensitive domestic categories, like Medicaid and social security, the areas he has pledged to leave untouched. And if he wants to continue his arms build-up (which we hope Congress can persuade him to modify anyway) somehow he has to find additional sources of revenue to finance...
...associates, including a brother, Marion, and a nephew, had conspired to create 15 health corporations and to illegally acquire state certification that the companies, which existed only on paper, were needed to meet legitimate health needs in Louisiana. The companies would therefore be entitled to receive federal Medicare and Medicaid funds to reimburse them for capital expenditures. After gaining these certificates, the indictment alleges, Edwards and his co-conspirators sold the corporations to those interested in constructing health-care facilities. These operators paid more than $1 million for each of the companies...
...biggest beneficiaries of the Reagan defense buildup: the Administration has nearly doubled military R. and D. spending since 1981, and seeks another 22% hike, to $39.4 billion, for 1986. That is more than 10% of overall defense spending, twice the federal budget for civilian research, and enough to fund Medicaid for two years...
...years. Says Meyer: "That's not a lot for the well-to-do, but for the average elderly citizen, it's substantial." States that have large pockets of the elderly, such as Florida and South Carolina, are particularly concerned about the limits the budget will also place on federal Medicaid payments, which are given only to the poor. The new plan would cap federal payments to states at $1.3 billion less than at present...
...spending that the White House will ask. Current plans are to whack outlays a total of $169 billion below earlier projections over the next three years-$34 billion in fiscal 1986 alone. That would involve freezes on such programs as food stamps and welfare, reductions in popular programs like Medicaid and veterans' health benefits and complete elimination of general revenue-sharing grants to states and cities, among other activities...